south africa - Biznesnetwork

SPAR Sells Loss-Making Polish Business for $10 Million

September 5, 2024 by Elijah Kimani

South Africa’s second-largest grocery chain, SPAR (SPPJ.J), has announced the sale of its struggling Polish operations to local retailer Specjal for 185 million rand ($10 million). The move is part of SPAR’s ongoing strategy to streamline its European operations. Details of the Transaction SPAR will be required to recapitalize its Polish business, with an estimated … Read more

Bolt Revs Up Driver Engagement with New Centre in Johannesburg

October 11, 2023 by Chinelo Ezeobi

Bolt, the on-demand mobility platform in Africa, has accelerated its commitment to driver welfare with the launch of a driver engagement centre in Randburg, Johannesburg. This strategic move aims to bolster driver relations, providing a dedicated space for addressing concerns, fostering communication, and elevating overall driver experience. Key Features and Benefits of the Driver Engagement … Read more